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Air Armenia To Launch Passenger Flights To Russia In August 2013

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  • Air Armenia To Launch Passenger Flights To Russia In August 2013

    AIR ARMENIA TO LAUNCH PASSENGER FLIGHTS TO RUSSIA IN AUGUST 2013

    http://www.arminfo.am/index.cfm?objectid=418174A0-F927-11E2-94D30EB7C0D21663
    Tuesday, July 30, 18:49

    In August 2013 Air Armenia CJSC will make its first regular
    Yerevan-Moscow-Yerevan passenger flight, Air Armenia CEO Arsen
    Avetisyan told ArmInfo.

    According to him, three weeks ago the General Department of Civil
    Aviation of Armenia provided Air Armenia with a one-year license to
    make flights to Moscow, Sochi, Samara, Rostov-on-Don, Krasnodar and
    St.Petersburg. Two A-320 planes will operate. The first plane will
    arrive in the republic in mid August, and the second one - in late
    September. Avetisyan pointed out that the company was founded in 2003
    and was engaged in cargo air carriages. "The first cargo flight was
    on 18 Aug 2003. Therefore, we want to make our first passenger flight
    on 18 Aug 2013", he said.

    He added that both passenger planes have been leased. Investments
    in their lease amounted to 3.2 mln USD. If the company succeeds in
    passenger flights, it will buy aircrafts and expand the geography
    of its flights, specifically, to Europe and Asia. He pointed out
    that in mid September 2013 the General Department of Civil Aviation
    of Armenia will announce tenders for Armenian air carriers and Air
    Armenia will participate in the tender by all means. "If we win the
    tender and receive a license for 5 years, we will plan the company's
    development for the long-term outlook", he said.

    At the moment the company has 110 employees. With the launch of the
    flights, the number of employees will increase to 135 people, he said.

    To note, Air Armenia CJSC was founded in April 2003 by Vahan
    Harutyunyan and Ruzanna Tovmasyan. The authorized capital of the
    company is $501,000.

    Air Armenia will actually become the first national air carrier after
    suspension of Armavia's flights on 1 April 2013.

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